Home Repair Loan Program

Own a home in need of repairs? You may qualify for PPL’s Home Repair Loan Program.

What is the PPL Home Repair Loan Program?

PPL’s Home Repair Loan Program is a state-funded way for low-income homeowners to stay in their homes and live safely in them. Loans of up to $27,000 are awarded for needed home repairs without interest charges and are forgivable under certain conditions.

How can I use the loan?

  • Loan must first be used to address lead and/or radon hazards in the home.
  • Funds can be spent to fix other health or safety issues with the house after that.
  • Luxury repairs, demolition, or new construction are not covered by the loan.
  • Repairs must be completed within 9 months after the commitment of the loan.

Do I qualify? Loan recipients: 

  • Own a home in Minneapolis or St. Paul.
  • Make 30% or less of the household area median income, $24,700 for a family of four. 
  • Have less than $25,000 in additional assets [outside of the home and primary vehicle(s)]. 
  • Are applying for/or received a grant from Community Action Partnership’s Weatherization Program.

What will it cost?  

  • Loans are made at a 0% rate, meaning there are no additional charges or monthly payments. 
  • Loans are forgiven after 15 years if you remain in the home. 
  • The loan will be repaid from the sale of the home if it is sold before the 15 year term.

How do I apply?

The waiting list is closed at this time! Please call 612-455-5221 for more information.


Get E-News

Thank you for your interest in PPL’s e-newsletter.